The Office for Budget Responsibility (OBR) of The United Kingdom, gives independent analysis of the UK's finances, as an executive non-departmental agency, sponsored by Treasury. United Kingdom Chancellor Hunt signaled that OBR forecasts show 2025 GDP growth of 1.9% (November forecast 1.4%). Here are some OBR and Hunt comments from the OBR report about UK economy:
- Market participants now expect a sharper fall in interest rates than they did in the Autumn
- Latest data from UK signal that the post pandemic rise in economic inactivity is likely to prove more persistent than previously expected
- Recovery is largely driven by a pick-up in household consumption growth to around 2% from 20205 to 2028
- Read GDP per person is forecast through at 1.25% below its pre-pandemic peak in the first half of 2024
- Forecast of the GDP level in five years is virtually unchanged versus the Autumn one, but the GDP per person is expected to be slightly lower
- Medium term economic outlook remains challenging, ant the long term ambition is tot keep cutting national insurance
- The average earner in the UK is to have the lowest effective personal tax rate since 1975
- OBR forecasts that national insurance cuts will bring and extra 200,000 people, into the workforce
- 27 million British employees will get an average tax cut of 900 British pounds a year
Source: xStation5
التقويم الاقتصادي: خطابات الفيدرالي في فيلادلفيا ومحافظي البنوك المركزية في دائرة الضوء
عاجل: بيانات التصنيع في المملكة المتحدة أقوى قليلاً من المتوقع؛ الناتج المحلي الإجمالي يتخلف قليلاً
حصاد الأسواق (16.10.2025)
ميران، عضو مجلس الاحتياطي الفيدرالي، يُشير إلى خفضين إضافيين لأسعار الفائدة هذا العام وعملية انكماشية